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Interlife Holdings (1418) · RiskWorsened

Shortage of Real Estate Brokerage Mandates Focused on Corporate Clients

First written in FY2020-Q1. 3 of 10 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2022.

10entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020-Q1 – FY2020-Q3MitigatedFY2021-Q1 – FY2021WorsenedFY2022-Q1 – FY20222019: 220192020: 320202021: 420212022: 12022
Same theme, other companies
Real estate brokerage and renovation construction revenue below planA theme 2 companies write about · 2 as a headwind · 0 as a tailwind

Interlife Holdings moved to the "Worse" side of this theme in 2022.

0 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2022WorsenedAnnual report

    「Partly because there were no large brokerage projects comparable to those in the same period of the previous year, net sales were ¥98 million, down 68.7% year on year, and segment income was ¥13 million, down 92.7%.」

    There were no large projects in the real estate brokerage business, which had recovered in the previous fiscal year, resulting in substantial declines in net sales and segment income. The shares in Largo were transferred in the following fiscal year.
  2. FY2022-Q2WorsenedAnnual report

    「Partly because there were no large brokerage projects comparable to those in the same quarter of the previous year, net sales were ¥50 million, down 83.0%, and segment income was ¥11 million, down 94.7%.」

    There were no large projects in the real estate brokerage business, which had recovered in the previous fiscal year, resulting in substantial year-on-year declines in net sales and segment income.
  3. FY2022-Q1WorsenedAnnual report

    「In the first quarter of the current consolidated fiscal year, the absence of large brokerage projects such as those secured in the same quarter of the previous year contributed to net sales of ¥34 million, down 88.1%, and segment income of ¥8 million, down 96.5%.」

    Real estate brokerage projects had recovered in the previous fiscal year, but the absence of large projects comparable to those in the same period of the previous year led to substantial declines in net sales and segment income.
  4. FY2021AdvancedAnnual report

    「With large projects and other factors contributing, real estate business net sales were ¥315 million, up 58.8% from the previous year, and segment income was ¥178 million, up 55.7%.」

    In contrast to the shortage of large brokerage projects through the previous fiscal year, brokerage of large projects and other factors drove net sales and segment income above the same period of the previous year.
  5. FY2021-Q3MitigatedAnnual report

    「Supported by projects accumulated since the first half, real estate business net sales were ¥301 million, up 225.5% from the same quarter of the previous year, and segment income was ¥199 million, up 663.3%.」

    In contrast to the shortage of large and corporate brokerage projects that had continued through the previous fiscal year, projects accumulated since the first half drove net sales and segment income substantially above the same period of the previous year.
  6. FY2021-Q2AdvancedAnnual report

    「Scheduled real estate brokerage projects at 株式会社ラルゴ・コーポレーション progressed steadily, resulting in net sales of ¥295 million, up 397.4% from the same quarter of the previous year, and segment income of ¥219 million, up 848.2%.」

    In contrast to the shortage of large and corporate brokerage projects that had continued through the previous fiscal year, scheduled projects progressed steadily, and net sales and segment income substantially exceeded the same period of the previous year.
  7. FY2021-Q1MitigatedAnnual report

    「Scheduled real estate brokerage projects at 株式会社ラルゴ・コーポレーション progressed steadily, resulting in net sales of ¥288 million, up 597.6% from the same quarter of the previous year.」

    In contrast to the shortage of corporate customers and large brokerage projects that had continued through the previous fiscal year, scheduled projects progressed steadily, and real estate brokerage sales increased 597.6% year on year.
  8. FY2020-Q3RestatedAnnual report

    「Without the benefit of large brokerage projects such as those secured in the previous fiscal year, real estate business net sales were ¥92 million, down 68.1% from the same quarter of the previous year.」

    The shortage of large real estate brokerage projects continued from the previous year, and real estate business net sales were ¥92 million, down 68.1% year on year.
  9. FY2020-Q2RestatedAnnual report

    「Without the benefit of large brokerage projects such as those secured in the previous fiscal year, real estate business net sales were ¥59 million, down 78.4% from the same quarter of the previous year.」

    The shortage of large real estate brokerage projects continued, and real estate business net sales were ¥59 million, down 78.4% year on year.
  10. FY2020-Q1First statedAnnual report

    「In real estate brokerage, a shortage of brokerage projects, mainly involving corporate customers, resulted in net sales of ¥41 million, down 79.0% from the same quarter of the previous year.」

    A shortage of brokerage projects, mainly involving corporate customers, occurred, and real estate business net sales were ¥41 million, down 79.0% year on year.
Moved together

"Decline in large projects and renovation projects in the restaurant and other industries at 日商インターライフ" moved the same way as this thread, in the same document, in 5 of its 10 moves.

544333★123456
  1. ★This thread
  2. 1Decline in large projects and renovation projects in the restaurant and other industries at 日商インターライフ5×
  3. 2Recovery in ジーエスケー・ファンライフ’s performance and improvement in profitability4×
  4. 3Lower purchase intent and handset sales volumes due to restrictions on discounted mobile-phone sales4×
  5. 4Operating profit and net income decline despite higher revenue3×
  6. 5Scheduled projects and new maintenance service orders in systems engineering3×
  7. 6Requests to voluntarily suspend business operations and close, and downside to business performance, due to COVID-193×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Interlife Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Shortage of Real Estate Brokerage Mandates Focused on Corporate Clients | INTERLIFE HOLDINGS CO.,LTD. (1418) | Komori